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newcrest mining telfer news

Mine Risk Management > Leadership 26 May 2005 Newcrest Mining Ltd, Australia's top gold producer, on Thursday posted a drop in first-quarter output and outlined a jump in costs, sending its shares down to a four-month low. The statement of claim alleges the risk of dingoes was "foreseeable" and the company failed to take adequate steps to prevent the dingoes from entering the mine site. Skip to main content. Image: Newcrest Mining. As previously announced, Macmahon plans to continue to perform its Telfer contract responsibilities. Macmahon Holdings could be heading towards a courtroom showdown with Newcrest Mining over its long-running Telfer mining services contract dispute. Despite this positive step, the company pointed out that its assessment could change in the future. Newcrest Mining Ltd, Australia's top gold producer, on Thursday posted a drop in first-quarter output and outlined a jump in costs, sending its shares down to a four-month low. "[The dingo sticks] were placed around the camp in these red wheelie bins explaining the danger of the dingoes and if you see one, grab a dingo stick and just shoo it away. Newcrest produced 2.17 million ounces during the 12 months to June 30, down 13 per cent on last financial year. CAN Newcrest Mining's new chief scrape up enough pennies to build Australia's biggest gold mine? "To come up with dingo sticks as a first line of defence, and then to have to be lobbied into putting fences up, that was outrageous. Newcrest Mining's gold production will slump to the lowest level since 2013, after poor performance at the Lihir and Telfer mines forced the nation's biggest gold miner into a huge downgrade. Coronado Global Resources has requested two new fleets from NRW Holdings at the Curragh coal mine in Queensland’s Bowen Basin. “The acquisition of GBF, our $4.7 billion order book, and significant tender pipeline means the Company is well positioned to deliver further earnings and cash flow growth in financial year 2020,” Finnegan said. Newcrest's high hopes for Telfer DESPITE high costs and declining grades at Newcrest Mining’s Telfer operation in Western Australia, the company is not walking away. Northern Australia Joint Standing Committee chair Warren Entsch is optimistic that the broken relationship between Rio Tinto and the Puuti, Kunti Kurrama and Pinikura (PKKP) Traditional Owners can be repaired. MELBOURNE, Australia, Dec. 9, 2020 /CNW/ -- Newcrest Mining Limited (ASX, TSX, PNGX: NCM) is pleased to announce its Initial Inferred Mineral Resource estimate at … Six Newcrest Mining Limited employees banded together to embark on an epic 2,246 km bike ride from their Perth office to the Telfer operations, raising awareness and funds for mental health. "We started receiving photos from the area of lots of dingoes around the site and the shut-down area," Mr Buchan said. The company announced in June it had entered into formal talks with Newcrest about the life-of-mine contract at the Pilbara site in the wake of changes to the mine plan and scheduled works program. The Telfer Mine was initially certified in compliance with the Cyanide Code in August 2012 and recertified in September 2016. Exploration / Development > Feasibility Deborah Rundle has launched the action in the WA District Court, seeking damages for personal injuries and loss following the attack at Newcrest's Telfer mine, in the Great Sandy Desert, in July last year. Ms Rundle suffered extensive scarring of both arms, her right leg and left breast, and reduced movement in her right arm, the statement of claim alleged. Our Newcrest stories. "Photos that we saw after that, were of dingoes chewing dingo sticks from the camp. Indeed, Newcrest assets at Cadia, Telfer, Lihir, and Wafi-Golpu are all considered world-class scale deposits and all bring exploration upside and expansion options in the coming years. Will this summer be the season men start wearing shorts to the office? Newcrest Mining has increased rates for Macmahon Holdings’ work at the Telfer gold mine in Western Australia, putting an end to their contractual dispute. She said she followed the animal to try and get her phone back, which is when she was mauled. "I stepped forward to pick up my phone but saw the dingoes looking at me," she said. Newcrest Mining has increased rates for Macmahon Holdings’ work at the Telfer gold mine in Western Australia, putting an end to their contractual dispute. A woman is suing a mining company over a dingo attack in the Western Australian outback last year. Newcrest Mining has entered a joint venture (JV) agreement with Greatland Gold for the Havieron project, 45 kilometres east of its Telfer gold mine in Western Australia’s Paterson Province. Read the latest. Macmahon Holdings could be heading towards a courtroom showdown with Newcrest Mining over its long-running Telfer mining services contract dispute. Our mission is to safely deliver superior returns to our stakeholders from finding, developing and operating gold/copper mines. "If the claim is disputed, it could potentially take nine to 12 months to get to a trial," Mr Illich said. The Perth-based contractor had been seeking Newcrest’s agreement to proceed to litigation over work rates at Telfer, as it entered and extended trading halts on the Australian Securities Exchange (ASX) earlier this week. Joint Standing Committee on Northern Australia chair Warren Entsch has flagged that there is optimism in repairing the broken relationship between Rio Tinto and the Puuti, Kunti Kurrama and Pinikura (PKKP) Traditional Owners. Newcrest's Telfer operation in … SEVEN people have been safely evacuated after being trapped underground by a fire at Newcrest Mining’s Telfer gold and copper project in north Western Australia. Her lawyer Alex Illich described the injuries as "horrific". Mr Illich said workers were provided with "dingo sticks" to help deter the dingoes following the incident, and erected fencing around the site. "My client feels let down by Newcrest. Telfer fire SEVEN people have been safely evacuated after being trapped underground by a fire at Newcrest Mining’s Telfer gold and copper project in north Western Australia. "I hope we never see a repeat of a worker … having to go through the same trauma that's occurred here.". Macmahon had previously planned to bypass the mediation process that usually precedes litigation in place of past negotiations with Newcrest. He said the legal team was waiting to see what position Newcrest adopted, before formulating the claim. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Mr Biswas called the mineralisation “amongst the most impressive seen in recent memory” and said Newcrest was excited about mining it. The latest Newcrest Mining Limited [NCM] news, articles, data and analysis from The Australian Financial Review Macmahon did the Telfer deal expecting the mine would close in or about 2020 and that Newcrest would run the operation very hard indeed over its final four years to … "As a result, she's suffered significant economic loss.". Macmahon Holdings expects an “acceptable agreement” will be made with Newcrest Mining in the near future regarding an increase in revenue from contracts at the Telfer gold mine in Western Australia. The mine was discovered by Newmont Mining in 1972. Ms Rundle was eating her lunch near the barbecue area of the camp, when a dingo jumped up and took her phone, she said in a statement through her lawyer. Contractor dies at Newcrest's Telfer gold mine, second WA mining fatality in one week Posted Fri Friday 15 May May 2015 at 11:00am Fri Friday 15 May May 2015 at 11:00am Share Mr Biswas called the mineralisation “amongst the most impressive seen in recent memory” and said Newcrest was excited about mining it. Coronado Global Resources has requested two new fleets from NRW Civil & Mining for the Curragh coal mine in Queensland’s Bowen Basin. Newcrest also announced it had found a “pod” of high-grade mineralisation at its Havieron Project, 45km from its Telfer mine in WA. Coronado Global Resources has requested two new fleets from NRW Civil & Mining for the Curragh coal mine in Queensland’s Bowen Basin. Follow the leaders: This week’s executive appointments, Evolution sets Mt Carlton up for life extension, Coronado to expand Curragh fleets with NRW, Rio Tinto to make executives accountable for heritage destruction, Macmahon considers legal proceeding against Newcrest Mining, Macmahon settles Telfer dispute with Newcrest, Macmahon extends discussions with Newcrest over Telfer contract, Ausdrill offloads waterwell drilling business to Vysarn, Searching for the latest safety news and technologies in the mining sector? The Telfer mine in the East Pilbara region of Western Australia. To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. The Telfer Mine was initially certified in compliance with the Cyanide Code in August 2012 and recertified in September 2016. Newcrest Mining has entered a joint venture (JV) agreement with Greatland Gold for the Havieron project, 45 kilometres east of its Telfer gold mine in Western Australia’s Paterson Province. Funds raised went to the WA Disabled Sports Association and Beyond Blue, helping to … Newcrest, together with its WGJV partner Harmony, looks forward to re-engaging with the State of Papua New Guinea (PNG) and progressing discussions on the Special Mining Lease … Six Newcrest Mining Limited employees banded together to embark on an epic 2,246 km bike ride from their Perth office to the Telfer operations, raising awareness and funds for mental health. The contractor flagged a provision in the order of $25–35 million to cover the costs of continuing the contract. This includes a 55 per cent increase in revenue to $1.103 billion as the company increased activities across its contract mining projects in Australia and Indonesia. Newcrest commits to Telfer A WEEK after the defeat of the proposed Western Australian gold royalty increase, Newcrest Mining has committed A$93 million to extend the life of its Telfer mine. The Paterson region hosts several large gold and/or copper deposits such as Nifty, Winu and Newcrest’s Telfer. The International Cyanide Management Institute (ICMI) announced today that Newcrest Mining’s Telfer Mine in Australia has been certified in full compliance with the International Cyanide Management Code (Cyanide Code). Funds raised went to the WA Disabled Sports Association and Beyond Blue, helping to … Trials of a COVID vaccine by the University of Queensland in partnership with CSL will be abandoned, Queensland will open its borders to New Zealand from 1:00am local time tomorrow. Given this progress, Mcmahon revealed that its assessment was the present value of incremental cash flows from the Telfer contract was likely to be positive over the remaining term of the project. AEST = Australian Eastern Standard Time which is 10 hours ahead of GMT (Greenwich Mean Time), UQ-CSL coronavirus vaccine trial to be abandoned, Jessica loved numbers. Newcrest also announced it had found a “pod” of high-grade mineralisation at its Havieron Project, 45km from its Telfer mine in WA. A high-level overview of Newcrest Mining Limited (NCMGF) stock. The company announced in June it had entered into formal talks with Newcrest about the life-of-mine contract at the Pilbara site in the wake of changes to the mine plan and scheduled works program. The Newcrest Melbourne office, including the registered office of Newcrest and its Australian subsidiaries, is currently closed due to COVID-19 Government restrictions (and/or recommendations) with staff working offsite. “This reliable performance and the good revenue visibility provided by our $4.7 billion orderbook has underpinned the Board’s decision to reinstate dividends to Macmahon shareholders.’, The 2019 financial year final dividend of 0.5 cents per share is the company’s first dividend in seven years with the board aiming to pay dividends on a “sustainable basis going forward.”. The Telfer Mine is a gold, copper and silver mine located at Telfer on the land of the Martu people,: 7 in the Great Sandy Desert of Western Australia.It is owned by Newcrest Mining, "the largest gold producer listed on the Australian Securities Exchange.". He said the company's decision to offer "dingo sticks" in red wheelie bins around camp was inadequate. Newcrest said the investment would also extend the life of Telfer’s open pit by around four years to 2023, subject to metal prices and operating conditions. Telfer is ageing, so the company seeks to lift output with the nearby Havieron deposit and the Red Chris mine in Canada, its entry into North America, both acquired last year. NEWCREST Mining has opted to retain its Telfer mine as it announced a return to profitability. Topics: courts-and-trials, animal-attacks, mining-rural, mining-industry, telfer-6762, melbourne-3000 First posted October 23, 2019 09:02:15 More stories from Western Australia Macmahon did the Telfer deal expecting the mine would close in or about 2020 and that Newcrest would run the operation very hard indeed over its … Thanks to the MJO it's finally starting to deliver, 'Like trying to visit someone in jail': Families fight visiting restrictions in aged care, 'Service with a smile': The epicentre of COVID-19 wants tourists back, and it has strict rules about how to greet them, The hidden agenda of royal experts circling The Crown season 4, the attack at Newcrest's Telfer mine, in the Great Sandy Desert, in July last year, Dingoes severely maul mine worker at remote site in WA, Thai parents urged to write children out of wills as youth-led protest movement grows, Losing my hands and feet to sepsis was a massive bummer. 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